Bank Holiday Monday

11:00am - 2:00pm

045 901 490
0833-979797

Brad Heidi

Don't Let Go

Listen Live Podcasts

Financing Completed For 3 Solar Plants, Including One In Kildare.

Thursday, 12 August 2021 14:15

By Ciara Plunkett @plunkettciara

Stock image: Pexels

Neoen and BNRG says total project costs amount to around €39 million.

Financing has been completed for three solar plants, one of which is in Kildare.

Neoen and its partner BNRG says facilites, at Hortland in Donadea, and in Meath and Wicklow, are among the first large-scale solar projects under construction in theIreland

The projects were successful in the first auction of the Irish government’s Renewable Electricity Support Scheme

The electricity produced by the plants will benefit from support from the Irish State through a Contract for Difference mechanism up to 2037

Total project costs will amount to approximately €39 million, excluding financing costs.

The Kildare project, on a 38 hectare site outside Hortland, Donadea, has an operational life-span of 35 years.

Cyril Perrin, Managing Director of Neoen Ireland: says “We are delighted to be among the first companies to harness the potential of solar energy in the Republic of Ireland. The construction of the three solar plants complements the eight wind farms we already have in operation and a portfolio of over 300 MW of wind and solar projects in development, showing Neoen’s dynamism in the Irish market. " and Xavier Barbaro, CEO and Chairman of Neoen: says “We are proud to have been selected by the Irish government and are looking forward to showing our value as a reliable long-term partner for the various parties involved in these projects. I would like to congratulate our Irish team for all their hard work. Ireland offers exciting prospects for Neoen and is a country in which we are planning to further boost our development and pace of investment.”

More from Local News

Teenage Boy Released Without Charge Following Fatal Crash In Baltinglass

15 year old Molly Dempsey was killed in the crash
Minister For Health Announces New Eating Disorder Team Covering Kildare And West Wicklow

New eating disorder team for adults announced for CHO7 covering Kildare/West Wicklow, Dublin West, Dublin South City and Dublin South West.
Teenage Girl Killed In Crash In Baltinglass

Teenage girl killed in single vehicle crash
Maynooth Fire Station Closer To Reality As Contract Signing Looms

The paperwork submitted during the standstill period has hinted at a date – understood to be before the conclusion of Quarter 2 this year.
RSA's Refusal To Appear Before Public Accounts Committee Described As "Breathtaking" By Kildare North TD, Catherine Murphy

Audio

The RSA - which hasn't met with the committee since 2018 - has declined an invitation to appear next month.
Parent Alert: CCPC Recalls Dealz Coloured Pencils Over Chemical Hazard

According to the Competition and Consumer Protection Commission (CCPC), these chemicals pose a specific health risk to the reproductive system of young girls.
Contracts Signed For The Athy Food & Innovation Hub At The Former Model School

Labour Senator Mark Wall issued the update on Instagram
Major Cocaine Bust In Carbury: Gardaí Seize €186,600 Worth of Drugs

During the search, Gardaí recovered 2.3 kilograms of cocaine with a street value of €186,600.

Kfm Kildare Weather

Mon
Light rain

16°C
Tue
Sunny intervals

18°C
Wed
Medium-level cloud

18°C
Thu
Sunny intervals

20°C
Fri
Sunny intervals

21°C

Co. Kildare FM Radio Ltd. t/a Kfm Radio - Company No: 355494 - Registered Office: Kfm Broadcast Centre, M7 Business Park, Newhall, Naas, Co. Kildare. Kfm is licenced by Coimisiún na Meán as a local sound broadcaster for Co Kildare. Directors: Anna May McHugh (Chair), Clem Ryan (Executive), Catherine Wall (Secretary), Seán Ashmore. All rights reserved.

© Copyright 2024 Co Kildare FM Radio Ltd. Powered by Aiir.